Partners Group completed the acquisition of Velvet CARE from Abris Capital Partners.

Partners Group, a Swiss-based global private equity firm, completed the acquisition of Velvet CARE, a hygiene paper products manufacturer, from Abris Capital Partners, an independent private equity fund manager. Financial terms were not disclosed. "At Velvet CARE, our mission is to provide the highest quality hygiene paper products to consumers whilst also creating value within local communities. With that in mind, we have designed sustainable processes, which use renewable materials and reuse water, as we continue to search for new levers to add value in a sustainable manner. We strongly believe Partners Group's global reach, financial resources, and operational experience make it the right growth partner as we look ahead to our next chapter," Artur Pielak, Velvet CARE CEO.